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Altcoin News

CZ: Fiat-backed stablecoins won’t last long

March 8, 2023
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CZ spoke in the AMA and said that the stable currency supported by legal currency will not exist for a long time, and the stable currency will continue to evolve and iterate.

In the long run, 10 to 20 years from now, fiat-backed stablecoins may dominate. It is expected that this year will be a year of crypto adjustment and recovery, and there is no expectation for a new high.

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